NOT LISTED FOR SALE

865 45th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,611,492 - $1,700,000

7 Beds
3 Baths
2,160 Sq Ft
$764/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $1,330,000 $616 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $9,426/month

Highlights

  • 3 Car Attached Garage
  • Multiple cooling system units
  • Community Storage Space
  • I.S. 223 The Montauk Rated A-
  • Private Driveway

About This Home

As of November 2022

We are pleased to present the extraordinary opportunity to acquire 865 45th st ,one of Brooklyn’s most transformational, desirable neighborhoods-8th Avenue Sunset Park. This high income potential two family house with private drive way +garage can park 3+ cars,.3 stories above ground, full basement with separate entrance . Along with R6 zoning and an FAR of 2.43, you could potentially build another 2,483 square feet, which would bring your total square footage to around 4,867 square feet. Facility FAR 4.8 whcih would bring you total 9600 sauare feet.Perfect for End User ,Investors and developers. You are blocks from literally everything you can imagine, Busy Restaurants, Cafes, Bars and super market ,school, all along 8th Ave .sunset park is also only couple blocks away, close to all public transportation, D express train is blocks away , easy commute to Manhattan, Downtown Brooklyn. Will be delivered FULLY vacant! don't miss this lifetime opportunity .

Last Agent to Sell the Property

Joe Zhu

RE/MAX Edge License #10401312891 Listed on: 04/07/2022

RE/MAX Edge

Co-Listed By

Xiaomei He

RE/MAX Edge License #10401313430

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,438

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,160 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Private Driveway

Utilities

  • Multiple cooling system units

Community Details

  • 2 Units
  • Community Storage Space

Listing and Financial Details

  • Tax Block 742

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,438

Lot Details

0

Listing Details

  • Basement Amenities: Other
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Beds Total Level1: 1
  • Beds Total Level2: 3
  • Beds Total Level3: 3
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 720
  • Building Length: 36.00
  • Building Width: 20.00
  • Co List Office Mls Id: 118210
  • Co List Office Phone: (718) 612-3088
  • Confirmed By M L S Y N: Yes
  • Cross Street: 8th ave
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 2
  • Parking Attributes: 3 Spaces, Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Rooms Total Level1: 5
  • Rooms Total Level2: 6
  • Rooms Total Level3: 6
  • Fill Sq Ft Total: 2160
  • Building Stories: 3
  • Street Name I D X: 45th
  • Street Number I D X: 865
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Other
  • Lot Sq Ft: 2000
  • Total Rooms: 15

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 50
  • Roof: Other

Utilities

  • Air Conditioning Units: 2
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20
  • Zoning: r6

Tax Info

  • Flip Tax Amount: 6438.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Nov 4, 2022
Sold by
Thakore Cecil J and Thakore Daniel Joseph
Bought by
Gao Chenxiang and Xu Xiu Ying
Seller's Agent
Joe Zhu
RE/MAX Edge
Sold Price
$1,330,000
Current Estimated Value
$1,650,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,623
Avg. Annual Appreciation
7.57%
Original Mortgage
$798,000
Outstanding Balance
$773,209
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$877,414

Purchase Details

Listed on
Apr 7, 2022
Closed on
Sep 12, 2022
Sold by
Cecil J. Thakore and Cecil Daniel Joseph
Bought by
Thakore Cecil J and Thakore Daniel Joseph
Seller's Agent
Joe Zhu
RE/MAX Edge
Sold Price
$1,330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,000
Outstanding Balance
$773,209
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$877,414

Purchase Details

Closed on
Oct 31, 2013
Sold by
Thakore Mabel
Bought by
Mabel J Thakore Irrevocable Trust Dated and Thakore, As Trustee, Cecil J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gao Chenxiang $1,330,000 --
Thakore Cecil J -- --
Mabel J Thakore Irrevocable Trust Dated -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Chenxiang $798,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $1,330,000 -- $616 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,396 $89,640 $23,760 $65,880
2024 $8,396 $95,400 $23,760 $71,640
2023 $8,126 $107,460 $23,760 $83,700
2022 $7,539 $93,300 $23,760 $69,540
2021 $6,839 $82,680 $23,760 $58,920
2020 $3,398 $88,500 $23,760 $64,740
2019 $6,628 $95,580 $23,760 $71,820
2018 $6,138 $33,343 $10,141 $23,202
2017 $5,770 $31,472 $12,576 $18,896
2016 $5,315 $29,692 $12,134 $17,558
2015 $3,142 $29,692 $14,078 $15,614
2014 $3,142 $29,030 $14,992 $14,038
Source: Public Records

Agents Affiliated with this Home

  • Joe Zhu

    Seller's Agent in 2022

    Joe Zhu

    RE/MAX Edge

    (347) 791-7011

    12 in this area

    84 Total Sales

    Joe Zhu
    Section Image
  • Xiaomei He

    Seller Co-Listing Agent in 2022

    Xiaomei He

    RE/MAX Edge

    11 in this area

    43 Total Sales

    Xiaomei He
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 460604

Brooklyn Board of REALTORS®

APN: 00742-0050

New York Kings County Brooklyn 11220 Sunset Park

865 45th St, Brooklyn, NY

This home is located at 865 45th St, Brooklyn, NY 11220 since 07 April 2022 and is currently estimated at $1,650,623, approximately $764 per square foot. 865 45th St is a home located in Kings County with nearby schools including P.S. 169 Sunset Park, I.S. 223 The Montauk, and Kehilath Yakov Pupa.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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